Yeah but derek we have to move, and I refuse to pay rent   No room in our house for the next baby which is due to arrive in June!!  Who said having four kids wouldnt be too much of a life change haha!!  We are currently in a three bedroom house with a family of five (soon to be 6) …. the new house is a 5 bedroom with a granny flat out the ba…[Read more]

hubby crumbled … toilet it is

i live in moranbah and the crap has hit the fan with this FIFO thing.  if FIFO is approved itll be terrible for the community here.  we already struggle to keep businesses in business here, with rents mostly over the $1000 mark.  its too unsettled in the 'bah at the moment, I wouldnt invest here until its all sorted and we know whats happening wi…[Read more]

fabulous!!  i have that mg but havent read it yet.  still in its plastic   what good timing!   thanks for that

for us it made MORE financial sence to get tradies to do all the work.  with us it woulda taken months to get all the work done, but only one week for all the tradies to do it – and they did a better more professional job.so if it had taken 12 weeks (at only doing it on weekends cos hubby works, and we live 2 hrs from investment prop) we woulda…[Read more]

Cant get to email away from home sorry.  ive got just about everything crossed   the house is perfect for our next investment,  hopefully itll work out.Thanks Richard

thanks richard – unfortunately i ran out of time to come back here and check ur message!  so i went to the meeting without viewing here first  –  bummer.my husand wasnt comfortable leaving off a finance clause, so we added one, but only made it 14 days.  im not sure if all towns are the same but the norm here is 21+ days.  and we did the pest/b…[Read more]

ok time for an update:  they agreed to the extention til monday but requested early entry.   they got in there this arvo.    phew!

u can call ur blog anything u want   as if i would mind hahahad a quick look at ur blog and i love the look of ur reno!!  ill come back tonight once the kids are down and have a proper read and comment.  im in the middle of the nighttime routine …. which im sure u know what its like haha.  dinner cooking, kids running around naked after bat…[Read more]

thanks jess   sounds great!  ur plan is similar to what im wanting to do with my next house.  u should blog so i can follow u 

yep as soon as it was out of contract we would only have to wait a week or so then itd be under again.  they all dropped cos of finance.

k thanks.  just askin cos we have had another contract fall through due to finance on the house we are trying to sell.  its costing us so much in advertising but the house keeps going under  contract.  then by the time the contract crashes its been a month and we are due again for another lot of advertising.  was hoping to recoop some of my cost…[Read more]

ouch thats a bit harsh.id come along if i was there. sounds like a good social group for ppl who have similar interests.  where i live ive only managed to find one other girl who is happy to talk property alot.  i wish there was more girls here to bounce ideas off!have fun!

we did our first reno last year, and plan on doing another 2 next year.we were looking for a house that fit the following criteria. and the house we bought had to have all of the following:1.  floorcoverings needing to be replaced2.  needing an internal repaint3.  outdated window coverings/light fittings4.  because it was our first reno we per…[Read more]

u are correct about 6 yrs of CGT free.  its a great loophole hey   i bet the government takes that away at some stage cos its too cozy

i wish i was into property investing 5 yrs ago when i arrived in moranbah.  i would be a very happy woman

we got a house lastyear that was listed at $330k and we got it for $250k.  so ya never know unless u ask!!!!  if i wasnt ballsy that day i very well may have paid a hell of alot more for that house. im soooo glad i risked offending cos it worked in my favour good luck with your offer!  let us know how u went

word of mouth worked for me.  my PM is awesome.

wow linar i love stories like that     motivates me!!  and also makes me frustrated that we arent ready to purchase again just yet!  its so bitter sweet haha

in regards to the LOC i was just reading an article about this in the new API i just got in the mail.  so maybe grab an issue to read.it stated that the LOC interest is tax deductible.  and supported the use of these loans to pay for those other IP expenses.  i had never thought of using them that way and im so glad that was brought to my at…[Read more]